Question NW2877 to the Minister of Trade and Industry
17 October 2018 - NW2877
Ntlangwini, Ms EN to ask the Minister of Trade and Industry
With reference to his reply to question 2479 on 3 September 2018, what is the monetary value of investment in operations at the special economic zones of (a) Maluti-A-Phofung, (b) Musina-Makhado, (c) Saldanha Bay and (d) O R Tambo?
Reply:
There are currently no operational investors in all of the SEZs in question. All these SEZs are working on concluding their respective pipeline investments, which are at different stages of negotiation and development. Two (2) of the SEZs, the OR Tambo and Maluti-A-Phofung SEZs are currently busy with construction of top structures for their signed investors, which are funded through the dti SEZ Fund. The Saldanha Bay and Musina-Makhado SEZs are finalising their investor agreements to enable the process of business infrastructure readiness support to commence.
Below are the projected pipeline investment values for each of the zones:
Pipeline Investment for MMSEZ, SBSEZ, MAPSEZ and ORTSEZ
|
Name of SEZ |
Number of Investment Companies |
Estimated Investment Value |
|
Saldanha Bay |
3 |
R484 million |
|
OR Tambo (Gauteng) |
4 |
R323 million |
|
Maluti-A-Phofung |
3 |
R440 million |
|
Musina- Makhado |
4 |
R145 billion |
|
Total |
14 |
R146,25 billion |